Graham, 69, had an additional year added to the four that remained on his current contract. Graham took over the program in 1992 and led Rice to the 2003 national title.

"It's pretty clear he's done a great job," May said. "It sends a very positive message to the coach, his staff, the players and the recruits."

Graham said the extension provides recruits the knowledge that he isn't departing. Graham has been linked to the Texas A&M opening with other prominent coaches.

Rice finished this season 45-19, eliminated in a super regional by top-ranked Tulane. With 14 freshmen and sophomores on his 25-player postseason roster, Graham has the Owls poised to make another run at a national title next season. And Graham's age had little bearing on extending his contract through 2010.

"That doesn't enter into my thinking at all," May said. "As far as I'm concerned, he's ageless. If anything, he's speeding up, not slowing down. He's the right man for the job."